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Tag Archives: money
Orwell and Kafka Do America: How the Government Steals Your Money–“Legally,” Of Course
Orwell and Kafka Do America: How the Government Steals Your Money–“Legally,” Of Course Due process and rule of law have been replaced with “legalized” looting by government in America. Did you know that the government of Iran steals your cash if they find more than loose change in your car? They don’t arrest you for any […]
Philip Haslam: When Money Destroys Nations
Philip Haslam: When Money Destroys Nations Understanding how currencies collapse The global debt glut, plus the related money printing efforts by the world’s central banks to try to stimulate further credit growth at all costs, leads us to conclude that a major currency crisis — actually, multiple major currency crises — are practically inevitable at […]
Financial Kamikazes At Work——Why The End is Kind of Nigh
Financial Kamikazes At Work——Why The End is Kind of Nigh All Good Things Must End Today, I’m going to tell you about the end of the world. Not the end of the world exactly. But the end of the fiat money system President Nixon gave birth to in 1971… when he cut the dollar loose […]
American Amoeba
American Amoeba The money-moving world waits on tenterhooks for the Wednesday appearance of America’s oracle, Janet Yellen, to step out of her grotto and state whether or not she feels twinges ofpatience. Wikipedia notes that Pythia, the original priestess of Delphi “…delivered oracles in a frenzied state induced by vapors rising from a chasm […]
The EU’s Stalinesque “4 Year Plan”
The EU’s Stalinesque “4 Year Plan” They Didn’t Want to Call it the “5 Year Plan” We have already commented on previous occasions on the EU’s “investment plan” (see: “EU Planning to Spend Money it Doesn’t Have” for details), which is bound to result in the production of countless white elephants across Europe (such as Poland’s […]
How The CIA Gave Al-Qaeda $1 Million, And What That Money Was Used For
How The CIA Gave Al-Qaeda $1 Million, And What That Money Was Used For As the US and key stakeholders in the Middle East debate the best way to leverage the fight against ISIS in the service of a larger geopolitical agenda, a NY Times piece out today serves as a reminder (in case recent events haven’t made […]
RED ALERT – IBM Moves to Create a Centralized, Central Bank Controlled Blockchain for Currency Control
RED ALERT – IBM Moves to Create a Centralized, Central Bank Controlled Blockchain for Currency Control International Business Machines Corp is considering adopting the underlying technology behind bitcoin, known as the “blockchain,” to create a digital cash and payment system for major currencies, according to a person familiar with the matter. Unlike bitcoin, where the network […]
Debt-damned economics: either learn monetary reform, or kiss your assets goodbye (2 of 7)
Debt-damned economics: either learn monetary reform, or kiss your assets goodbye (2 of 7) The following is my high school teaching assignment for Advanced Placement Macroeconomics students (available as extra credit for other classes) on how money is created. I offer this for non-profit use; divided into seven sections: Instructions (1 of 7) Contextual orientation: […]
Dollars are worthless without crude oil
Dollars are worthless without crude oil In my previous post I drew some parallels between energy and money – and more specifically, energy and banking – and pointed out that when money is at stake, the presence of energy is likely lurking somewhere in the shadows. It was mostly hypotheses and observations I was throwing around about […]
Why Japan is Not Greece or EU For that Matter
Why Japan is Not Greece or EU For that Matter QUESTION: Hello Martin There are a few writers who speculate the the yen will be the first currency to fall (because Japan has been tied into QE and flat interest rates for decades already, and their manufacturing is suffering). How do you think the currency situation […]
The ECB’s Lunatic Full Monty Treatment
The ECB’s Lunatic Full Monty Treatment Not Quite Right in the Head? The belief that the market economy requires “steering” by altruistic central bankers, who make decisions influencing the entire economy based on their personal epiphanies, has rarely been more pronounced than today. Most probably it has actually never been stronger. It is both highly amusing and […]
How Our Crazy Money System Wo
How Our Crazy Money System Works Squirrelly and Subtle Yes, we were in London, taking care of business. Now, we’re back in Buenos Aires. We’ve tried medication. We’ve tried prayer. We’ve tried heavy drinking – all in an effort to understand how our crazy money system works. And where it leads. You’d think it would […]
Most Americans Are Slaves And They Don’t Even Know It
Most Americans Are Slaves And They Don’t Even Know It Most Americans spend their lives working for others, paying off debts to others and performing tasks that others tell them that they “must” do. These days, we don’t like to think of ourselves as “servants” or “slaves”, but that is what the vast majority of […]
